1/7/10

Start Prepping for Westlaw & Lexis 2.0 Versions

I mentioned in my 10 predictions for 2010 that both Westlaw and Lexis would have new interfaces for their research products by the end of the year. In reality, I was kind of hedging my bets on this one because I actually knew these changes were already coming. Last month I was talking with a consultant who casually said something like "Boy, people are going to be scrambling when Westlaw comes out with its `Project Cobalt` next year." At that point I immediately knocked him out of the way and did a quick Google search for "Project Cobalt" AND Westlaw. I found some subtle hints about Project Cobalt in an investor's meeting, and in a Financial Times analyst comment. So, change is afoot at Thomson Reuters!!
As I was trying to find out more, I contacted some friends and found out that Lexis is also working on a new interface for its legal research product. Not only that, but rumor has it that Lexis is also working to help firms create interactive pages within the firm's Intranet that will help access Lexis resources without leaving the look and feel of the firm's Intranet page. I haven't seen the "code name" for this project yet, but I'm really hoping they go with something called "Project Diablo Rojo"!!
Jason Wilson has a very good breakdown of what information is currently available on West's (or as Jason now calls them "Thomson Reuters Legal" or "TRL") Project. Also, Joe Hodnicki mentioned it a few days ago. I'm also supposed to meet with Westlaw's Andy Martens (VP of Product Development) sometime soon to discuss (and hopefully demo) the Project Cobalt product. Apparently, there was an in-house demo of the new project yesterday, and the test engineers at TR said it will be released in February, probably at LegalTech according to West's new teaser website.
If any of you know more about Lexis' planned changes for this year, please let me know and I'll start pestering the Lexis folks for more information.

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1/6/10

Half of Westlaw's Library Relations Team to Get the Axe

Rumors are floating that half a third (5 of 15) of the West Library Relations Team will laid off by the end of January. Apparently, those being dismissed from the Thomson Reuters group were given notice back in December (so, kudos for keeping it a secret this long!) Those that I've talked to say that the layoffs affect those Library Relations Managers in the small to mid-size regions of the country. I emailed Anne Ellis, Executive Director of the West Library Relations Team, but did not get a response.
For those of you that are unfamiliar with West's Library Relations Team, they are typically law librarians themselves, and are the liaisons between the behemoth Thomson Reuters and us law librarians. It was this team that had to clean up the mess last summer when Thomson Reuters released an ad campaign that many librarians found insulting. They are the conduits that we law librarians currently have to relay our opinions to those within Thomson Reuters, and they are Thomson Reuters direct conduit back to the profession. This team has worked to not only build key relationships, but also introduce new product lines, take feedback from librarians back to the development team, and provided platforms for law librarians to disseminate information across the profession.
I've been pretty critical of this team in the past, and they have been gracious enough to contact me about those issues. Since the Thomson Reuters merger though, there has been a noticeable change in how the "West" side of the house fits under the big umbrella of Thomson Reuters. I still stand by my prediction that what we knew as "Westlaw" will slowly be integrated into the "Reuters" side of the business. The first step to that integration seems to have been taken with these layoffs.
Although it is not completely a surprise that the Library Relations team is being cut in half, it does worry me as to the effect that this will have across the legal publishing world. If the West team is cut this month, how long before Lexis and other major publishers follows their lead? We law librarians should start preparing for the day where sales representatives are our only line of communication between us and the vendors.

UPDATE: Anne Ellis did respond to my email confirming that 5 Library Relations Managers were laid off (so, not quite half as the rumor had it.) Here's Anne's response:

I want to confirm for you that Thomson Reuters recently notified five librarian relations managers that their positions had been eliminated. These are difficult decisions and it’s our sincere hope that employees affected by this action will transition smoothly to new opportunities. We are working with them to identify opportunities they may be able to transition into.

Thomson Reuters is committed to supporting librarians and that remains unchanged. We support librarians through sponsorships, training, continuing education, and library management consulting. Our account management, librarian relations, research specialists, and reference attorney teams include hundreds of experts available to help our librarian customers.

Going forward, our librarian relations program will evolve as librarianship evolves with a renewed focus on online training, more emphasis on the technology aspects of the librarian’s role, and a continuing commitment to fostering and supporting the library community.

As we move through this economic cycle, we will not compromise our commitment to helping legal systems perform better through innovation, service, product excellence and corporate citizenship.


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1/5/10

Tacit Knowledge Management - Time to Open the Conduits

In yesterday's post, I predicted that 2010 would be the year the Knowledge Management (KM) thrived or died. In its current state, KM has turned into a mechanism that attempts to capture explicit knowledge in a way that is seamless to the person creating that knowledge. The results turn out to be databases filled with retrievable information presented as contributed knowledge from someone within the firm. So, we end up with CRM databases, document management systems, research capturing tools and expertise databases. All of which are simply ways that KM has attempted to capture the explicit knowledge of those within the firm as it written down in order to be retrieved at a later time by others in the firm. Unfortunately, this has become the classical KM routine, and the resulting product turns out to be a rarely used resource because the data is either 'dirty', obsolete or irrelevant to the current needs of those within the firm. It is this type classical KM strategy of capturing explicit knowledge and supporting the resources that store and display this explicit knowledge that is killing KM. So, how can KM break away from this classical approach?
In their blog post "Networking Reconsidered", John Hagel III and John Seely Brown discuss networking and how the most important knowledge is tacit knowledge - "the knowledge that we have all accumulated from our experiences" - the type of knowledge that cannot be written or captured in an easy way. While I was reading the posting, I started viewing it from a KM perspective. Some of the same issues that Hagel and Brown discuss have real application in the KM world. For example, bring up the phrase "networking" and many KM professionals picture "images of classical networking and schmoozing, driven by individuals intent upon prying business cards out of others and relentlessly expanding their contact lists, manipulatively using their contacts to advance their own interests." In fact, most attorneys conjure up this image as well, and it is one of the primary reasons that some attorneys do not share this knowledge in the KM resources. They think that if they do share, then it will give someone else in the firm a way to steal this information and use it for their own benefit.
Hagel and Brown suggest implementing a process that moves away from the classical approach of "manipulative exchange" of knowledge and create a new approach that focuses on understanding the current needs of those within the firm and aligning them with others that can help solve those current needs. They suggest that social networking as a way of creating this new approach. However, before you start rolling your eyes, let's take a look at their reasoning.
First of all, Hagel and Brown suggest that the goal of networking should be the building of long-term relationships. These long-term relationships are built by working on common issues, working together to solve these issues, and building a trust that everyone in the relationship is learning and contributing. By building long-term relationships, you build "trust", and by building "trust" you build in the reciprocity that becomes a powerful foundation for future needs.
Traditional KM and networking is designed to capture explicit knowledge and then use it to identify others within the firm that you should introduce yourself because they have handled a similar issue in the past. This type of "Push" technique is usually limited in value because that information may not be captured, thus "we cannot push if we do not yet know who we are pushing towards." Even when the "push" technique works, it usually creates a "one-way learning mindset" where one person is seeking to learn from another, "rather than creating the foundation for collaborative learning."
Hagel and Brown promote the idea that social networking creates the ability to collaborate on current issues (two-way learning) rather than attempting to identify past successes and apply them to the current issue (one-way learning). Because social networking exposes current needs rather than past successes, it creates a way to draw people together in a collaborative learning process. Instead of the traditional method of capturing knowledge, social networking allows us to "participate in the knowledge flows that matter the most" to the firm and exposes "our ability to master a new set of practices at a personal level.
Traditional KM practices are still important in capturing the explicit knowledge of the firm, but this should not be the overall mission. KM must attempt to expand its goals by creating methods to expose the "knowledge flows" of the firm as well. The goal is to expose the tacit knowledge, not simply capturing it. By exposing the tacit knowledge through social networking, KM can create a conduit for individuals to share current issues they are confronting and attract other individuals to collaborate in addressing and solving these issues.

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1/4/10

10 Projections for 2010 - The Year We All Hit the F5 Button

Now that the awful year of 2009 is over, let's take a guess at what to expect for 2010. My initial thoughts are that we really need to hit the "Refresh" button [F5] and look at how we operate our business processes. Here are my predictions for 2010:
  1. Google will release a new application every business day This isn't a big stretch. Toward the end of '09, Google released new products about 3 times a week. Hint for Google -- Don't hype any of your new products like you did for Google Wave. Instead, let the people using your new products do the hyping (good or bad).
  2. Westlaw and Lexis will revamp their legal research interfaces Just as they did in the middle of the decade with their proprietary software, the big two legal research vendors are poised to completely restructure their legal research interfaces to allow researchers to be more specific in how they conduct research, as well as integrating Web 2.0 strategies into search results. Instead of being a one-way research tool, you will be able to add information to the data held by West and Lexis, and share that within your firm. [Note: I happened to catch this new "See Westlaw" site that is talking about the new Westlaw interface.]
  3. Bloomberg Law will be a flop I really hope this projection doesn't happen, but after talking with a number of other legal researchers, I don't think this product will get a lot of buy-in from law firms. The biggest reason for Bloomberg Law failure -- PRICE. No firms are going to want to pay a premium price for an untested product, and from the murmurs I'm hearing, Bloomberg Law is going to be very expensive. Hint to Bloomberg -- Come in low on your initial pricing (very low); get the firms "hooked" on the product; after about 3 years you can start increasing the price to match West and Lexis. If Mike can drop a $100 million on a mayoral race, he can stand to loose a few million on this product to get it in the door of a lot of firms.
  4. The "Westlaw" brand becomes more "Reuterish" The writing seems to be on the wall for Westlaw. It appears that the big players within the Thomson Reuters part of the company are looking toward narrowing their products under one umbrella. My guess (and it is only a guess) is that Thomson Reuters will eventually do to Westlaw what it did to GSI and that is consolidate it under one name. I suspect that the Reuters side of the house will look to place Westlaw under its business news umbrella and create a Reuters Legal product. Hint for Westlaw -- you'd better get ahead of this one, otherwise you're going to find that you will be in the same position as the Bancroft-Whitney people found themselves in during the 90's.
  5. Lexis reorganizes... again Anyone that has dealt with Lexis reps knows that a "reorg" is always around the corner. It appears that the leadership in Dayton embraces the term "change" because they seem to "change" how they organize their people about once a year. It is hard to build a relationship with a rep when you only get them for a year at a time. Hint for Lexis -- Get a mission statement with clear objectives and STICK TO THEM!
  6. BigLaw firms survive, but are forever changed Again, probably not a big stretch here either. BigLaw will probably begin dropping the Summer Associate programs and begins a more selective route of how it brings in associates. There will be more acceptance of alternative fee arrangements (that'll keep Toby posting). There will be a lot of talk on the topic of "Training" lawyers to be more efficient and effective, but probably very little action on that topic. Hint for BigLaw -- most of you are going to survive this little recessionary period, but if you don't become more efficient and effective in how you conduct business, you'll never see the profit margins you had in the middle of the decade.
  7. What a great year to be a consultant! With change, comes the need for people to manage that change. Firms will need to tap consultants for a number of issues ranging from implementing alternative fee agreements to bringing in project managers to handle workload in a changing revenue structure. Hint for Consultants -- gear up!!
  8. A year of social media acceptance in the legal field We've talked and blogged ad nauseum about social media tools. In 2010, there will be a lot more firms and individual attorneys that accept social media as a viable forum to express views and get recognition for their expertise. Whether it is blogging, twitter or enterprise social media tools, more people will join in. Hint about Social Media -- For all you firms that are blocking these resources, you'll find yourself behind the curve in 2010. So, stop blocking them!
  9. Knowledge Management either thrives or dies It is time for KM to hit the F5 button. If KM continues to be seen as an Information Technology (IT) resource, then it will wither and die a slow painful death. This is the year that KM needs to take risks, introduce new resources, and get out in front of the changes occurring within law firms. When Partners talk with consultants on how to implement change within the firm, the KM folks need to be at the table listening and pointing out opportunities where KM can help during the transition. Hint for KM -- stop thinking of KM as a product support department and start thinking of KM as an idea department that helps the firm accomplish the processes to be make the firm more efficient and effective.
  10. 3 Geeks and a Law Blog Cuts Multi-Million Dollar Deal and We All Retire to a Small Caribbean Island 'nuff said!!

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